Investment: A two-family house converted into a workers' hostel. 41066 Mönchengladbach
Price: 299.000 € + 3.57% Maklerprovision
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Location description The property is located in one of the most pleasant areas of Mönchengladbach, on a quiet, cozy, and well-connected street (Neuwerk district). The neighborhood is surrounded by well-maintained private and apartment buildings, and has a peaceful and family-friendly atmosphere . There are nearby shops, bakeries, cafes, schools, and kindergartens, all within walking distance. Excellent transportation accessibility: • Quick access to the A44 and A52 (Düsseldorf, Krefeld, and the Ruhrgebiet), • Convenient access to public transportation, with bus stops just a short walk away. Despite its central location, the neighborhood remains green and very quiet .
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Property description For sale is a completely renovated in 2022 a semi-detached house (year of construction - 1900), which has been successfully converted into a hostel with 14 beds. Living area: 150 m² Plot: 780 m² Rooms: 7 Bathrooms: 3 + guest WC Kitchens: 2 (equipped) The house is fully furnished and can be used as a hostel or rented out.
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Example of profitability 14 places × 400 € (≈13 €/place per day) = 5.600 €/month 5.600 € × 12 months = 67.200 €/year at 100% occupancy. Even with a modest 30% load, the income will be 20,160 €/year, which gives a gross yield of about 6.74%
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Work carried out in 2022 • Raised wall height (Drempel) • Completely new roof + modern insulation • Completely new electrical system • New radiators • Modern double-glazed windows • Fresh interior renovation
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Plot A large green garden is the perfect place for relaxation or further development .
It is also suitable for additional equipment, parking or landscape solutions.
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A great option for investors, operators of working hostels or families looking for a spacious house!
